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$WMB said that the US Federal Trade Commission has cleared $ETE's proposed acquisition of WMB. The FTC's clearance is subject to certain conditions, which $ETE and $WMB have agreed to undertake, to be satisfied following a closing of $ETE's acquisition of $WMB, including the sale of certain assets.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.